Adams County Rural & Industrial Development Commission
- Assets
- $456.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Friendship, WI
- Founding
- 12/1999
- Data as of
- 12/2022
- EIN
- 39-1716751
Organization Overview
Adams County Rural & Industrial Development Commission is located in Friendship, WI. The organization was established in 1999. According to its NTEE Classification (S32) the organization is classified as: Rural Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adams County Rural & Industrial Development Commission is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Adams County Rural & Industrial Development Commission generated $151.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $160.4k during the year ending 12/2022. While expenses have increased by 6.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROMOTE CHARITABLE PURPOSES BY AND THROUGH IMPROVING THE SOCIAL WELFARE OF ADAMS COUNTY BY FACILITATING ECONOMIC DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tanya Walsh-Laehn President | 5 | $0 | |
Lynda Bula Secretary | 1 | $0 | |
Frank Perez-Guerra Treasurer | 1 | $0 | |
Tom Wermuth Director | 1 | $0 | |
Tadd Wormet Vice President | 1 | $0 | |
Jay Churco Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $134,651 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,312 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $14,759 |
| Total Revenue | $151,722 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,950 |
| Occupancy, rent, utilities, and maintenance | $4,633 |
| Printing, publications, postage, and shipping | $353 |
| Other expenses | $147,418 |
| Total expenses | $160,354 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $296,562 |
| Other assets | $0 |
| Total assets | $456,915 |
| Total liabilities | $56,000 |
| Net assets or fund balances | $400,915 |